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Author Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency  (Read 9723724 times)
busterzzz
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February 07, 2016, 04:31:26 PM

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Sorry. The core team extra fucked the wifi portal and anarchopolca, there was never any extra funds. Sucks that happened cause now all three didn't get paid.

Way to jump to conclusions...

Thank you Evan for providing the correct answer!

lol, gonna start in on me too? Cool bro. I asked questions, gathered the information, made a pretty decent formal post, and quietly stated a theory at the end of it all. Way to skip over everything and get on my ass. Im not the dashguy, so whatever preconceived notions you have about him or whatever kinda stick you have up your ass in regards to the way he's acted toward you, well you can leave that out of my face or I will gladly add you to the list of monero trolls I already blocked here. Thank you and have a nice day.

All I said was that you jumped to a conclusion, which you did. You concluded that the proposal in question "fucked up" other budgets. In fact, it did not. Cheers!

I am going to post this with as much clarity as I possibly can because it's obvious you do not actually read peoples full posts. You cherry pick and make comments that do absolutely nothing positive for the DASH system or the community surrounding it.

My conclusion theory was based off information provided by https://www.dashwhale.org/budget - If you go there, toward the top you will see it says, "Next budget payments will occur 28 days and will provide 7000 DASH of 7449 DASH total available budget!" - So I added up the total amount of proposals paid out in the most recent superblock and it surpassed the 7449. However this was a mistake on my part that I soon realized ONCE EVAN ANSWERED MY QUESTION. The amount 7449 changes each month because the difficulty adjusts.

There's this thing called fantasy sports. In America the biggest fantasy sport is NFL Fantasy Football. I wont go into details about how it works but basically you find 12 friends and everyone chooses different players from different teams and creates a roster with them. Each week you choose 8 players from your roster to insert in a starting line up and your team goes head to head against one of the other 12 teams in your league.

After each week of football analyst go on TV and talk about all the great plays and awesome moments. There's this really cool segment on a Tuesday night show called "That Helped No One". It's a list of 10 plays that helped absolutely NO ONE in regards to fantasy football. Here's an example. A 3rd string quarterback runs in for a touchdown. Why does that help no one? Because no person who plays fantasy football would put this 3rd string quarter back in their starting line up knowing damn well he isn't even supposed to be playing in the game. So if he does score a touchdown it doesn't help anybody because no body had him in their lineup.

If we had a segment around here where we took all the posts made by people and found the one's that didn't provide any meaningful discussion or positive advancements for DASH and called it 'That Helps No One*" - your posts would be #1-10, because they literally do nothing, for any body.

Get off your ass and go do something instead of sitting around here trolling community members. You are helping no one.

*edit typo
**edit 2 tl;dr - ddlink, Your posts help no one.
bigrcanada1
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February 07, 2016, 04:32:40 PM


Wait, Tok, Evolution just makes it easier to use and harder to lose.

Indeed.

Please disregard my last post. Too much partying last night.

Fried eggs suddenly in greater demand than cryptocurrencies  Wink



LOL...yeah I thought you were getting a bit rambunctious. Wink   Nothing fried eggs can't fix indeed my friend and a pair of  Cool
bigrcanada1
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February 07, 2016, 04:34:13 PM


You made some good points.  Don't forget them in the stupor of your hangover!

Tyre-kicking observers like me have the luxury of periodic indulgence and thinking aloud. (Especially in a 5000 page thread).

Developers have priorities to work to and if I really thought those priorities were misplaced you'd hear more than a party-hour rant from me about it  Grin

A more serious problem is forgetting that living amongst grape fields does not increase one's consumption capacity.


Isn't that the truth...I would know.   Grin
110110101
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February 07, 2016, 04:50:51 PM

I need 200 dash any sellers here or good site .


 Smiley
'
I think Poloniex is the de facto exchange, that's where I buy my Dash and fix my crypto needs Smiley
noobtrader
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February 07, 2016, 05:05:48 PM

But seriously,  What does it mean for dash to support risk assets?

Yes. I suppose this is the main theme that would prevail throughought all my various states of consciousness.

It's not something that is an issue for Dash alone - it affects all fixed supply forms of money. It even was a problem for the dollar when the gold standard was around.

In the fiat world, when there's a need for new liquidity the banks just issue it. That absorbs all the liquidity shocks and keeps the value of the currency stable. I don't see that model ever disappearing - even if there's widespread financial reform. Cryptocurrencies are a great monetary base, it's just that I'm not sure they'll ever be actually used directly as currency.

For example, at the moment when you buy stuff with bitcoin you are actually still trading fiat denominated goods and services. If you bought a $800 tent from Overstock 12 months ago it's still $800 today but the amount you transferred in bitcoin may be very different.

"Risk assets" are simply investments where there's a fixed supply of a commodity and you make your money (or loose it) from the change in value. The other type is, say, a bond which isn't fixed supply and where you make your money from getting paid monthly interest. (So called 'fixed income' assets). Risk assets will never have a stable value in relation to goods and services - they just won't by their nature. With a very large marketcap they would be much more stable than bitcoin is now, and I'm sure will get used for trading, it's just that I don't know if they will reach the point where goods and services are ever denominated in, say, a cryptocurrency price.




 cant we put up proposal to increase money supply if we really really need to increase liquidity.  ?

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
toknormal
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February 07, 2016, 05:44:31 PM


Isn't that the truth...I would know.   Grin

I was going to say that i admired your high level of professionalism and self discipline in being able to grow it and not drink it.
bigrcanada1
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February 07, 2016, 06:11:14 PM


Isn't that the truth...I would know.   Grin

I was going to say that i admired your high level of professionalism and self discipline in being able to grow it and not drink it.


"Never get high on your own supply!"   ...words of wisdom!
julian071
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February 07, 2016, 07:20:19 PM

Onion site is still down. Does anyone have any news on this?

I wanted to discuss the lack of support for DASH on any of the dark markets (at least that I know of). Seems to me that adoption there would be quite logical, DASH being digital cash, and cash usually being the only payment method for drugs and other illicit stuff.

=P
moocowmoo
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February 07, 2016, 07:58:58 PM

Onion site is still down. Does anyone have any news on this?

I wanted to discuss the lack of support for DASH on any of the dark markets (at least that I know of). Seems to me that adoption there would be quite logical, DASH being digital cash, and cash usually being the only payment method for drugs and other illicit stuff.

Logged into server, found tor service not running, restarted.
Try again in a few (many?) minutes. (hours?) -- I'm not a tor admin, so don't know how long hidden services take to get established.

tips: XmoocowYfrPKUR6p6M5aJZdVntQe71irCX | identity: https://keybase.io/moocowmoo
service: https://masternode.me -- The first automated masternode service. Ugly website, stellar uptimes and hands-on support. Over 150 nodes with 300+ days uptime!
julian071
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February 07, 2016, 09:10:52 PM

Thanks, it's working now. It's the same site, I didn't know that.

By the way, many people who are browsing Tor have javascript disabled, so the youtube video's on the site won't work.

But still excellent to have a presence there.

Strange tho that DASH is not accepted as payment there more often. You do see litecoin now and then and even some others.

=P
GhostPlayer
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February 07, 2016, 10:34:49 PM

 Just a teeny weeny bit of socio-political comic relief... or not.

 
fuze0000
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February 07, 2016, 10:35:56 PM

Well, "master nodes" the concern expressed on the advertising graphics is valid, but delivered wrongly.

The issue with "master nodes" is the fact that one has to buy into a priviledged position on a p2p network of equals. That is simply against the people's believes and wishes. Everybody participating in a network for exchanging a currency should have equal rights.

A comparison: If people are used to democracy, one cannot stage ballots with one candidate, and one winning candidate only. Even if that one should be a "benevolent dictator", still would be one. Not exactly the usual outcome of ballots inside democratic states. So any coin based on "master nodes" is a dead end, seemingly the free market allready voted like that.
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February 07, 2016, 10:45:15 PM
Last edit: February 07, 2016, 11:13:16 PM by GhostPlayer

Well, "master nodes" the concern expressed on the advertising graphics is valid, but delivered wrongly.

The issue with "master nodes" is the fact that one has to buy into a priviledged position on a p2p network of equals. That is simply against the people's believes and wishes. Everybody participating in a network for exchanging a currency should have equal rights.

A comparison: If people are used to democracy, one cannot stage ballots with one candidate, and one winning candidate only. Even if that one should be a "benevolent dictator", still would be one. Not exactly the usual outcome of ballots inside democratic states. So any coin based on "master nodes" is a dead end, seemingly the free market allready voted like that.

 You have to look into the Dash network a bit further. Masternodes are not really meant to be democratic. DGbB is not a democracy, it's a meritocracy I would say. The masternode network is a 2nd tier network. It's not a network of equals. They are 2 tier. You have a stake in it, so you're incentivised to do your best to secure the network and provide a service. The more you have staked, the more you are self incentivised to make it work properly. Anyone can run a full node, just like bitcoin, with zero stake. Two very different things. Plus, you don't buy anything, the coins are yours, in cold storage, and you can liquidate them at any given time.

 The 1st tier is plain old full nodes that anyone can participate for free. You run a masternode, but it doesn't end there. You are responsible for paying and maintaining a specially configured 24/7 server, certainly not in possible by regular joe (except if contracting someone to run it for you, like Splawik or Node40). Not rocket science either, loads of tutorials around. In the future, the specs of these servers will have to be specific - but that is not going to be soon. Nowadays, even a low end box will do fine.

 It's so dead, it's been running smooth for almost 2 years. We have a more robust infrastructure than Bitcoin, who's dedicated full nodes are dropping like flies while ours is rising.
Minotaur26
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February 07, 2016, 11:17:51 PM

Well, "master nodes" the concern expressed on the advertising graphics is valid, but delivered wrongly.

The issue with "master nodes" is the fact that one has to buy into a priviledged position on a p2p network of equals. That is simply against the people's believes and wishes. Everybody participating in a network for exchanging a currency should have equal rights.

A comparison: If people are used to democracy, one cannot stage ballots with one candidate, and one winning candidate only. Even if that one should be a "benevolent dictator", still would be one. Not exactly the usual outcome of ballots inside democratic states. So any coin based on "master nodes" is a dead end, seemingly the free market allready voted like that.

That is like saying that all participants in a cryptocurrency should be miners. Miners perform a special service for the network just like Dash full node operators they add value to the network. This project is not a socialist movement,  the ideals are more of freedom to participate to the limit of each individual desire and capability.

Dash is closer to the anarcho capitalist ideals. Not everyone needs to perform the same tasks on the network there is division of labor and different levels of participation.
Solarminer
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February 07, 2016, 11:25:40 PM

Distributed Governance by Investment with Superior Swarm Intelligence
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February 07, 2016, 11:51:42 PM

Quote
Sorry. The core team extra fucked the wifi portal and anarchopolca, there was never any extra funds. Sucks that happened cause now all three didn't get paid.

Way to jump to conclusions...

Thank you Evan for providing the correct answer!

lol, gonna start in on me too? Cool bro. I asked questions, gathered the information, made a pretty decent formal post, and quietly stated a theory at the end of it all. Way to skip over everything and get on my ass. Im not the dashguy, so whatever preconceived notions you have about him or whatever kinda stick you have up your ass in regards to the way he's acted toward you, well you can leave that out of my face or I will gladly add you to the list of monero trolls I already blocked here. Thank you and have a nice day.

All I said was that you jumped to a conclusion, which you did. You concluded that the proposal in question "fucked up" other budgets. In fact, it did not. Cheers!

I am going to post this with as much clarity as I possibly can because it's obvious you do not actually read peoples full posts. You cherry pick and make comments that do absolutely nothing positive for the DASH system or the community surrounding it.

My conclusion theory was based off information provided by https://www.dashwhale.org/budget - If you go there, toward the top you will see it says, "Next budget payments will occur 28 days and will provide 7000 DASH of 7449 DASH total available budget!" - So I added up the total amount of proposals paid out in the most recent superblock and it surpassed the 7449. However this was a mistake on my part that I soon realized ONCE EVAN ANSWERED MY QUESTION. The amount 7449 changes each month because the difficulty adjusts.

There's this thing called fantasy sports. In America the biggest fantasy sport is NFL Fantasy Football. I wont go into details about how it works but basically you find 12 friends and everyone chooses different players from different teams and creates a roster with them. Each week you choose 8 players from your roster to insert in a starting line up and your team goes head to head against one of the other 12 teams in your league.

After each week of football analyst go on TV and talk about all the great plays and awesome moments. There's this really cool segment on a Tuesday night show called "That Helped No One". It's a list of 10 plays that helped absolutely NO ONE in regards to fantasy football. Here's an example. A 3rd string quarterback runs in for a touchdown. Why does that help no one? Because no person who plays fantasy football would put this 3rd string quarter back in their starting line up knowing damn well he isn't even supposed to be playing in the game. So if he does score a touchdown it doesn't help anybody because no body had him in their lineup.

If we had a segment around here where we took all the posts made by people and found the one's that didn't provide any meaningful discussion or positive advancements for DASH and called it 'That Helps No One*" - your posts would be #1-10, because they literally do nothing, for any body.

Get off your ass and go do something instead of sitting around here trolling community members. You are helping no one.

*edit typo
**edit 2 tl;dr - ddlink, Your posts help no one.

That's because dash whale is showing you info for the NEXT budget cycle which follows the 7.1 percent annual reduction.

If you have an interest in what i do for the project, feel free to PM tungfa, Daniel, kot, or Evan himself and they can fill you in. Most of my work is done behind the scenes, but don't take my word for it. Seriously, ask one of them.

In any event, we should really focus on uniting against our opposition, such as the monero trolls you mentioned. To that end, I apologize for any offense I may have caused. Cheers!

Dash - Digital Cash
https://www.dash.org/
Minotaur26
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February 08, 2016, 12:13:37 AM

Just wanted to say that busterzzz is one of the most active contributors of the project, he is the creator of most of our video guides, runs podcasts, community chat rooms and many other things.  There was nothing personal about him thinking that a proposal you presented Ddink had a conflict with others, many people were trying to understand why the last minute proposals got left out of the budget. I think it was a good learning opportunity for everyone.   Lets all work together to improve Dash. Cheers.
bigrcanada1
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February 08, 2016, 12:34:16 AM

Just wanted to say that busterzzz is one of the most active contributors of the project, he is the creator of most of our video guides, runs podcasts, community chat rooms and many other things.  There was nothing personal about him thinking that a proposal you presented Ddink had a conflict with others, many people were trying to understand why the last minute proposals got left out of the budget. I think it was a good learning opportunity for everyone.   Lets all work together to improve Dash. Cheers.

As I contribute almost nothing here other then to fill space... I think of myself as someone that is outside the circle here.   This gives me an interesting vantage point.   Many of of you here are far beyond my understanding of the this space. I'm constantly humbled by it.

 What is obvious to me,  is that many of you are not only extremely talented but also very passionate about crypto currency and DASH in particular.  As in any family... There are certainly squabbles and disagreements on methodologies to use... Some of which are very personal to some members.  I look forward to watching everyone working together and continue to find solutions to future hurdles.

Onward!
ddink7
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February 08, 2016, 12:53:31 AM

Just wanted to say that busterzzz is one of the most active contributors of the project, he is the creator of most of our video guides, runs podcasts, community chat rooms and many other things.  There was nothing personal about him thinking that a proposal you presented Ddink had a conflict with others, many people were trying to understand why the last minute proposals got left out of the budget. I think it was a good learning opportunity for everyone.   Lets all work together to improve Dash. Cheers.

I have no doubt that he does good things fur the project. I never suggested otherwise.

Perhaps it was the words "fucked up" that made me think his post was negative in tone. In any event I agree that it's important to work together and I regret any hostility that may have come across in my tone.

Dash - Digital Cash
https://www.dash.org/
tungfa
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February 08, 2016, 01:00:35 AM
Last edit: February 08, 2016, 01:20:01 AM by tungfa

The Darq Episode 14 - Interview with Juan S. Galt and Fernando:
 Grin
https://soundcloud.com/thedarq/the-darq-ep14

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